TAGS: Software for stock market analysis
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News in Brief
Bloomberg:
- ‘Mag Seven’ power stocks in run-up to US earnings.
- S&P 500 hit by Fed-Pivot rethink and war jitters.
- Powell’s soft-landing dream in danger as traders hedge inflation.
MarketWatch:
- The S&P 500’s rally is approaching a make-or-break moment.
- Nasdaq scores first record close in three weeks as equities rebound.
- Opinion: the stock market is testing the bulls to see if they have what it takes.
yahoo! finance:
- Big banks to kick off earnings season.
- ‘Magnificent 7’ stocks spark market rebound.
- 2% isn’t ‘the right target anymore’ for inflation: Strategist.
JPMorgan, Wells Fargo and Citigroup release Q1 results on Friday to kick off earnings season. Is insider information driving certain stocks?
Global Indexes
S&P 500
The rebound of the S&P 500 managed to close above its EMA8 line, back in positive territory.
DAX
The DAX was still heading down.
HANG SENG
The HANG SENG struggles to break its long-term resistance trend line and bounced down from it. Currently trading below its EMA8 line.
NYSE & NASDAQ Stocks
Apple Inc
Apple broke its long-term negative trend line with a 4.3% gain. Notice where a P2 Power Signal was given.
NVIDIA Corporation
NVIDIA broke its short-term negative trend line with a 4.1% gain. (Insider Information?)
JSE Stocks
JSE All Shares
The JSE All Shares is still very uncertainty just below its negative trend line. If it follows the US today, we may see a break?
Northam Platinum Holdings Ltd
Northam Platinum is still heading north with Frontrunner predicting more highs to come. Notice that its Trend Factor is positive for the first time in about 2 years.
Algomodel Strategies, Education & Features
Click on Education or go to the home page to view education posts.
Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.
All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.
